An investor is presented with a choice of two investments an

Last updated: 5/7/2023

An investor is presented with a choice of two investments an established clothing store and a new book store Each choice requires the same initial investment and each produces a continuous income stream of 4 compounded continuously The rate of flow of income from the clothing store is f t 18 000 and the rate of flow of income from the book store is expected to be g t 16 000e0 06t Compare the future values of these investments to determine which is the better choice over the next 8 years The future value of the clothing store is Round to the nearest dollar as needed